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the u.s. snalt gets back to work right about now. the house has been in session for about an hour now. senate leaders are the ones trying to hammer out a deal picking tax break ceilings, trying to lessen the impact of spending cuts. there are still major obstacles to pass. but this morning we're hearing that progress is being made. we'll have more on that and the fiscal cliff negotiations in a minute. >>> first, i want to show you the rest of the world is ringing in the new year. midnight arrived in asia. they are calling it a pyre tech nick musical. they were scheduled to begin an hour before midnight. hong kong on the top ten places to ring in the new year. let's listen. ♪ ♪ ♪ ♪ >>> ring in the new year, good morning 2013. we'll continue to monitor all of these celebrations as the day rolls on. the night rolls on in some cases. midnight in the u.s. is the big fiscal cliff deadline. there are two fronts we are watching today. capitol hill and wall street. let's see if there's any movement on capitol hill. stock markets movin
the u.s. snalt gets back to work right about now. the house has been in session for about an hour now. senate leaders are the ones trying to hammer out a deal picking tax break ceilings, trying to lessen the impact of spending cuts. there are still major obstacles to pass. but this morning we're hearing that progress is being made. we'll have more on that and the fiscal cliff negotiations in a minute. >>> first, i want to show you the rest of the world is ringing in the new year....
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is there some sense that, just like the u.s. set off all of this nonsense back in 2008, a u.s. retrenchment, as you call it, a slowdown in growth caused by the fiscal cliff, could boomerang around the world and actually push the united states further back? >> there's no question. a self-defeating, downward spiral would begin if the worst effects of the fiscal cliff come into effect, and they're not reversed. and you don't even have to wait for the full magnitude which would, as you rightly know, ali, it's not a cliff, it's a slope. it's an ever-increasing slope over several months. you don't even have to wait long. you've only got to see what would happen when the social security withholdings start increasing, the withholding tax starts to move up. then you see that boomeranging effect we talked about. >> you and i have made fun of a lot of the europeans who have not been able to get their act together. when you look at the united states, who's messing it up more? >> it is -- i can only tell you, from listening to morning to the commentaries on british radio and reading the bri
is there some sense that, just like the u.s. set off all of this nonsense back in 2008, a u.s. retrenchment, as you call it, a slowdown in growth caused by the fiscal cliff, could boomerang around the world and actually push the united states further back? >> there's no question. a self-defeating, downward spiral would begin if the worst effects of the fiscal cliff come into effect, and they're not reversed. and you don't even have to wait for the full magnitude which would, as you...
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>>> happening now, u.s. senators on capitol hill are releasing a scathing new report on the attack on the u.s. consulate in benghazi. on the right of your screen is maine senator susan collins. she's one of the two top members on the senate homeland security committee. let's bring in our own jill dauerty, our foreign affairs correspondent who is monitoring this from the state department. what can you tell us? >> if you listen to what the senator is saying and also senator joe lieberman, they are coming up with essentially three different things. the main thing is that there was a rising crescendo of evidence from the intelligence community and even open sources that benghazi was increasingly dangerous and attacks there were more and more likely, but the reaction was woefully inadequate. they say the system as one official was flashing red. the state department, they say, did not adequately respond to that. another key point is they talk about security. security in other countries for embassies and consulates
>>> happening now, u.s. senators on capitol hill are releasing a scathing new report on the attack on the u.s. consulate in benghazi. on the right of your screen is maine senator susan collins. she's one of the two top members on the senate homeland security committee. let's bring in our own jill dauerty, our foreign affairs correspondent who is monitoring this from the state department. what can you tell us? >> if you listen to what the senator is saying and also senator joe...
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u.s. army veteran wade michael page. after shooting one police officer multiple times -- page was shot and killed by another officer. number eight, the massacre in khandahar province. >> the united states takes this as seriously as if it was our own citizens and our own children who were murdered. >> the accused gunman, robert bailes. bailes left his afghanistan outpost on a night back in march and single handedly attacked two villages. opening fire and killing 16 afghan civilians in their homes and wounding six others. number seven, striking a deal in the shooting that struck a blow to the nation. >> the man who shot congresswoman gabrielle giffords and killed six people in a ra rampage in tucson last year pleaded guilty to 19 charges. >> jared loughner was sentenced to seven consecutive life terms and 140 years. his guilty plea means he will avoid the death penalty. chicago's murder rate surged to levels not seen in almost a decade. >> it's just not the gang bangers. right now, innocent kids and women are being shot on
u.s. army veteran wade michael page. after shooting one police officer multiple times -- page was shot and killed by another officer. number eight, the massacre in khandahar province. >> the united states takes this as seriously as if it was our own citizens and our own children who were murdered. >> the accused gunman, robert bailes. bailes left his afghanistan outpost on a night back in march and single handedly attacked two villages. opening fire and killing 16 afghan civilians...
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in a few hours, the u.s. will go over the fiscal cliff which could trigger across-the-board tax increases and billions in spending cuts. however, there is hope for a soft landing. senate republican leader mitch mcconnell and president obama said today a deal was close. but late in the day house leaders announced they will not vote on a deal tonight. they're waiting for the senate. so what happens now? we have two reports beginning with nancy cordes on capitol hill. nancy, good evening. >> good evening to you, rebecca. it looks like the deadline pressure finally prompted a meeting of the minds today. negotiators agreed to a plan that extends the bush era tax cuts for 99% of americans. but they are hung up on one key spending issue, and so it looks like we will go over the fiscal cliff at least temporarily. >> we're very, very close to an agreement. >> reporter: senate republican leader mitch mcconnell said his round-the-clock negotiations with vice president biden had paid off. >> i can report that we've reach
in a few hours, the u.s. will go over the fiscal cliff which could trigger across-the-board tax increases and billions in spending cuts. however, there is hope for a soft landing. senate republican leader mitch mcconnell and president obama said today a deal was close. but late in the day house leaders announced they will not vote on a deal tonight. they're waiting for the senate. so what happens now? we have two reports beginning with nancy cordes on capitol hill. nancy, good evening. >>...
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and yet not a single fatal commercial airline accident in the u.s. in nearly four years. and worldwide, 2012 is going down as the safest year ever, with just one accident for every 5.4 million flights. veteran aviation safety expert john cox. >> what's significant about that is that we're improving by 50% over last year, which was the aviation's safest year previously. it's an incredible feat. >> reporter: why the improvement? pilots have never been better trained. computerized cockpits monitor every aspect of flight. systems warn pilots of a potential crash or mountain ahead. and hd simulators for pilots and air traffic controllers train them to handle emergencies before they face a real one. deb deb debby herzman is chairman of the ntsb. >> we bring the accidents back in, they have been embraced in many cases and we're not seeing repeats of those same accidents. >> reporter: but experts say two actions in which human failure was partly to blame. air france 447 crashed into the atlantic in 2009, killing 228. that same year, regional airline, flight 3407, crashed in buffa
and yet not a single fatal commercial airline accident in the u.s. in nearly four years. and worldwide, 2012 is going down as the safest year ever, with just one accident for every 5.4 million flights. veteran aviation safety expert john cox. >> what's significant about that is that we're improving by 50% over last year, which was the aviation's safest year previously. it's an incredible feat. >> reporter: why the improvement? pilots have never been better trained. computerized...
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. ♪ tum tum tum tum tums aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ >>> as so many of you likely know, this will be the first new year's out dick clark. tonight, they are preparing a tribute as we hear from dick clark's wife, who made the trip to times square to ring in another new year. >> times square in new york. you're invited to new year's rockin' eve, '74. >> reporter: long before he became the face, the friend who would guide us into every new year. >> 2001. >> reporter: dick clark head made his way into living rooms across america. >> dick clark! >> this one is called "rock around the clock." ♪ one, two, three o'clock >> reporter: he said it was very simple. we played a record, and the kids danced. and we made the way we danced okay for parents, who still needed convincing. 1957, it all started. there would be 36 years 0 "american bandstand" on abc. those boomers getting the
. ♪ tum tum tum tum tums aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ >>> as so many of you likely know, this will be the first new year's out dick clark. tonight, they are preparing a tribute as we hear from dick clark's wife, who made the trip to times square to ring in another new...
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the frantic last minute effort to prevent the u.s. from going over the cliff. >>> if you want to leave your car behind this new years eve there is plenty of options. >>> good morning, to you. welcome to the last day of the year monday december 31st i'm dave clark. >> and i'm tori campbell in for pam cook. let's get a quick look at weather and traffic starting with steve. >> good morning, tori and dave. thank you. it's cold out there. temperatures a few upper 20s. santa rosa 29 degrees. sebastopol 28. there is cold numbers out there. it will be mostly sunny and very chilly upper 40s and low 50s. here is tara. >>> here's a look at the east shore freeway. you can see traffic moving along nicely. at the bay bridge toll plaza we have no delays as you make your drive into san francisco. let's head back to the desk. >>> 4:59. believe it or not it is now 2013 live picture. look at the big lifts and the kiss. lots of fire works. crowds gathered on the shore of the harbor watching the skyline explode. all the colors of the fire works 2013 is he
the frantic last minute effort to prevent the u.s. from going over the cliff. >>> if you want to leave your car behind this new years eve there is plenty of options. >>> good morning, to you. welcome to the last day of the year monday december 31st i'm dave clark. >> and i'm tori campbell in for pam cook. let's get a quick look at weather and traffic starting with steve. >> good morning, tori and dave. thank you. it's cold out there. temperatures a few upper 20s....
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a new u.s. senate report on the attack on the u.s. consulate in benghazi blames the state department for not having a plan to rescue americans. the report says the state department failed to respond to increasing security threats in benghazi in the months leading up to the attack opinion the senate report says in the future the state department needs to decide whether they can provide adequate security for diplomats and where tit can't american personnel need to be removed. >>> 6:16. this morning secretary of state hillary clinton is still in a new york hospital. she's been treated for a blood clot. now spokesperson for the secretary says doctors found the clot during a follow up exam for that concussion she suffered about two weeks ago. she is 65 years old. she had a stomach virus when she fainted due to dehydration and hit her head. that caused a concussion. secretary clinton is being treated with blood thinners for that blood clot. >>> it's 6:16. a san diego police officer is in serious condition after his patrol car was hit by a s
a new u.s. senate report on the attack on the u.s. consulate in benghazi blames the state department for not having a plan to rescue americans. the report says the state department failed to respond to increasing security threats in benghazi in the months leading up to the attack opinion the senate report says in the future the state department needs to decide whether they can provide adequate security for diplomats and where tit can't american personnel need to be removed. >>> 6:16....
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by the midterms in 1958, u.s. unemployment had spiked to nearly 7%, that was double what it had been when he was first elected six years earlier. during the 2006 midterms, u.s. was three years into the iraq war and facing heavy with president bush and his party. so what are the lessons for president obama and the democrats? should they worry about a six-year itch? i say maybe not so much. and here's why. in 2010, the party lost 63 seats in the house. six seats in the senate. president obama famously called it a shellacking and tfsz. he limits his losses like reagan did or even add seats in the house. it's very hard, frankly, to do worse than what he did in his first midterm. and then democrats had this helpful anecdote. they simply hold on to the control in the senate. the president can declare partial victory for that. that was the importance of democrats adding two senate seets, sitting at 55. republicans have to win big, winning six senate seats is big and that's what they'd have to do to get control in 2014. t
by the midterms in 1958, u.s. unemployment had spiked to nearly 7%, that was double what it had been when he was first elected six years earlier. during the 2006 midterms, u.s. was three years into the iraq war and facing heavy with president bush and his party. so what are the lessons for president obama and the democrats? should they worry about a six-year itch? i say maybe not so much. and here's why. in 2010, the party lost 63 seats in the house. six seats in the senate. president obama...
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heather: as the u.s. heads closer to the edge of the so-called fiscal cliff one of the big consequences of going over is a series of major spending cuts that would take a direct toll on america's armed forces. while lawmakers of all stripes have seen this debate playing out firsthand our next guest knows all too well the affects those cuts would have on the men and women who keep americans safe. bucky shinmoedake chairman of the house armed services committee. thank you for joining us. >> thanks for having me. >> to do the math the 500 billion reduction in military spending triggered by 2011's budget control act would be added to the 487 billion the obama administration larry limb natured in this year's budget q. can our military survive that? >> we had five hearings leading up to this. and all of the former and current military leaders said how devastating it would be from the secretary of defense on down. secretary of defense said that it would be like shooting ourselves in the head. you know there hasn
heather: as the u.s. heads closer to the edge of the so-called fiscal cliff one of the big consequences of going over is a series of major spending cuts that would take a direct toll on america's armed forces. while lawmakers of all stripes have seen this debate playing out firsthand our next guest knows all too well the affects those cuts would have on the men and women who keep americans safe. bucky shinmoedake chairman of the house armed services committee. thank you for joining us. >>...
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a new report from the u.s. senate on the attack on the u.s. consue rit in -- on the u.s. consulate in libya is blaming the u.s. for not having a state department to respond. the senate report says in the future, the state department should determine if it can provide tough security for diplomats and -- provide enough security for diplomats and where it cannot, americans need to be removed from the postings. >>> hillary clinton is in a new york hospital being treated for a broad clot. doctors found that clot after a followup to her concussion. she's being treated with blood thinners. she is 65 years old and had a stomach virus when she fainted and hit her head. >>> hugo chavez is said to be suffering new complications africanser surgery in cuba. the vice president of cuba described his condition as delicate. chavez has not been seen or heard in public since december 11th when he underwent surgery. it was his fourth cancer- related operation. government leaders say chavez may miss his january 10th inauguration. marking his 6th presidential term. >>> the woman accused of pus
a new report from the u.s. senate on the attack on the u.s. consue rit in -- on the u.s. consulate in libya is blaming the u.s. for not having a state department to respond. the senate report says in the future, the state department should determine if it can provide tough security for diplomats and -- provide enough security for diplomats and where it cannot, americans need to be removed from the postings. >>> hillary clinton is in a new york hospital being treated for a broad clot....
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bush in the last week shows us that that clan still has clout and a lot of impact in the u.s. whatever jeb bush does in 2016, now is the time for him to have -- he has already begun doing this, stab himself as an ideological cornerstone for his party. he can draw his party back to the reasonable center. >> do you suspect he will make the move? >> that will be hard for him especially with the wide open primary. >> let's move on to business in 2013. marisa mayer coming to yahoo! from google. >> the fact she's a woman, so very young, announced her pregnancy on the day she was announced as the new head of yahoo!. none of that matters to yahoo!. is she going to acquire apps, acquire a tech company? the fact that they released a new flicker that can compete with instagrahm and did it the day before instagram had their privacy issue. >>> silicon valley legend. good year in a lot of ways for apple. released a flock of new products, ipad mini and iphone 5. there were some debacles, the maps issue, the plant issue. the stock is off 70% of its share high. we'll see how he will right the
bush in the last week shows us that that clan still has clout and a lot of impact in the u.s. whatever jeb bush does in 2016, now is the time for him to have -- he has already begun doing this, stab himself as an ideological cornerstone for his party. he can draw his party back to the reasonable center. >> do you suspect he will make the move? >> that will be hard for him especially with the wide open primary. >> let's move on to business in 2013. marisa mayer coming to yahoo!...
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good to see you. >>> meanwhile, a heart breaking situation for dozens of families in the u.s. after russian president putin makes it illegal for american parents to adopt russian children. this is a story that started to break last week and people were shocked. they couldn't believe it was going to happen and it did. one mother luckily was able to get her brand-new daughter out of the country just in the nick of time. they arrived from moscow late saturday night. joelle joins me life. thank you for joining us. a smile on your face pretty much says it all. but i'm sure you were just freaking out to put it bluntly in the last few days? >> it was incredibly tense in moscow where families were coming to get their visa in the final moment. it felt like east berlin as the wall was going up. it was indeed just a matter of hours really for all of us. >> juliet: you go back and forth to russia, you are meet this child and create a bond. at the last minute, essentially literally the 11th hour, you hear about this shocking move that putin has decided to make. what is your reaction to thi
good to see you. >>> meanwhile, a heart breaking situation for dozens of families in the u.s. after russian president putin makes it illegal for american parents to adopt russian children. this is a story that started to break last week and people were shocked. they couldn't believe it was going to happen and it did. one mother luckily was able to get her brand-new daughter out of the country just in the nick of time. they arrived from moscow late saturday night. joelle joins me life....
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>> expanding it to more airports in the u.s. you can pay $100 and apply through global entry, which is a program that allows for free security checks and your passport control as well. >> i flew with my kids. they don't take their shoes off, under 12 already. >> fur a member of the precheck, your kids can go in the line with you. >> you're buying that for me. >> that's your christmas gift. how about new planes in these fleets? >> good news is that a lot of older models are going out to pasture. we're excited about the 787 dreamliner in particular. 20% less -- more fuel efficiency and it is also made up of composite materials instead of aluminum which allows for better cabin pressure, little more humidity on board, more comfort. windows are larger, lighting is more subtle. better experience. >> more room maybe, too? >> don't expect a lot more room. the airlines install the seats. however, the seats themselves are more comfortable and you get more technology and more amenities as well. >> i heard maybe beds, not only international
>> expanding it to more airports in the u.s. you can pay $100 and apply through global entry, which is a program that allows for free security checks and your passport control as well. >> i flew with my kids. they don't take their shoes off, under 12 already. >> fur a member of the precheck, your kids can go in the line with you. >> you're buying that for me. >> that's your christmas gift. how about new planes in these fleets? >> good news is that a lot of...